, 4 tweets, 2 min read Read on Twitter
The median graduate of a U.S. college could expect a salary of about $44,000 a decade after they first enrolled. For graduates of the eight colleges involved in last week's admissions scam, however, the median 10-year salary is $73,000. washingtonpost.com/business/2019/…
Is this necessarily because elite college kids are more talented or better educated? No. But it's a good indicator of the social and economic prestige that gets attached to degrees from these places. washingtonpost.com/business/2019/…
If you're a wealthy, status-obsessed parent, you want your kid graduating with the $73k cohort, not with the unwashed $44k masses. Maybe even bad enough that you'd be willing to commit a felony to make it happen. washingtonpost.com/business/2019/…
The other thing: check out the top ends of those distributions. Ceiling is *much* higher for elite grads. Top 10% of college grads make $84k. Top 10% of Ivy grads make *$205k* washingtonpost.com/business/2019/…
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